Last week in Phoenix, Vizzda tracked $223,597,057 in commercial real estate including 47 sales and 16 new projects. Below are Vizzda's top transactions of the week.
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Vacant Land in Gilbert Proposed for New Entertainment Venue
On October 20th, The Gilbert Town Council Introduced a Final Plat at public meeting for a 50,131 square foot entertainment venue in Gilbert.
(1 of 16 planning & zoning events last week)
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Commercial Land in Tempe Purchased for $1.8M
On October 20th, Panera Bread Company purchased 2.64 acres of commercial land for the development of a 4,133 square foot retail building for Panera Bread Company for $1,841,716.00.
(1 of 18 land sales last week)
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Medical Office in Maricopa Purchased for $3.5M
On October 7th, John & Linda Peterson purchased one single-story building on 1.45 acres from Harper Mathews for $3,500,000 with $950,000 down and $2,550,000 in funding with Washington Federal.
(1 of 9 office sales last week)
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RV Park in Buckeye Purchased for $7.75M
On October 18th, Daniel Williamson purchased a 377-space RV park on 34.07 acres in Buckeye from Sandra Catalina, Craig Swanson and Linda Perkins for $7,750,000 with $2,635,000 down and $5,115,000 in seller-carry debt.
(1 of 5 multifamily sales last week)
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Single-Tenant Warehouse in Tempe purchased for $1.38M
On October 18th, Arizona Jobbers Supply purchased a 16,590 square foot warehouse from Scott and Heather Aswege for $1,385,230.
(1 of 5 industrial sales last week)
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Former Grocery Store in Phoenix Purchased for $650K
On October 19th, Vegas International Properties Realty Group purchased a 13,750 square foot grocery store in a retail strip center from Fortress Investment Group for $650,000.
(1 of 9 retail sales last week)
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